Chapter 435 Growth 3

Chapter 435 Growth 3
(Sorry, the chapter order is messed up. Let's go by chapter title. Growth 2 is actually Chapter 436, and Growth 3 is Chapter 437.)
1982 was a special year for Alphabet Group.

This year, new subsidiaries were established, such as Blackwater International, DreamWorks Animation, DreamWorks Hotel Group, DreamWorks Music, and ZTE Technology.

This year, some subsidiaries also released their first new products and launched them globally, such as Maple Leaf Computer and BYD.

This year, Wanda, a subsidiary of the company, experienced explosive growth and made huge profits by buying up shares at the bottom of the real estate crisis.

Despite the bad economic environment, not only is the entire group developing rapidly, but even the Watsons Group, which is most likely to be dragged down by the local market, has achieved positive growth, which surprised the outside world.

Watsons has four major brands, including Watsons drugstore chain, ParknShop supermarket chain, Red Bull beverages and Taohua Datong. Even though the fourth brand has fallen into growth decline, the first three have benefited from the expansion of stores and sales channels, which has still driven the group's turnover to rise.

In addition to Wanda, BYD and Maple Leaf Computer, the overall performance of Alphabet Group is also eye-catching.

After several rounds of integration, DreamWorks Group now has five subsidiaries including DreamWorks Films, DreamWorks Music, DreamWorks Animation, DreamWorks Cinemas, and Pokemon.

Except for DreamWorks Animation and DreamWorks Music, which were established not long ago and are still in the investment and expansion stage, the other three companies have achieved higher revenue and profit growth rates compared to last year.

Especially Pokémon, this company is targeting the global market, and its successful cooperation with Hasbro, the largest toy company in the United States, has enabled its global market share to increase by 57.2% compared with last year.

After a series of promotional activities at the end of the year, Maple Leaf Computer sold 7 units of the Maple I 10KB version and 12 units of the 28KB version worldwide in more than five months from July 5 to December 16, totaling more than 123058 units, with sales exceeding US$64 million and an operating profit margin of 37745%.

Fang Hexuan was also a little surprised when he saw these numbers, especially the total sales volume. More than 16 units were sold in just less than half a year, which was really a lot.

As for the operating profit margin, it seems very high, but it is actually at a mid-range level.

You know, in later generations, Apple’s operating profit margin has long remained between 30% and 40%, which is terrifying.

Although the personal computer market is still in its emerging development stage, high profits are in line with market rules, but Maple Leaf Computer's own core competitiveness is average. For example, chips and other spare parts need to rely on other suppliers, so the figure of 18.43% can only be considered average.

BYD's EVO has been on the market for more than two months, with 8736 units sold in the U.S. market, 7188 units sold in Europe and Britain, 724 units sold in the Middle East, 203 units sold in Malaysia, 2855 units sold in Hong Kong (including orders from United Taxi and Hong Kong Driving School), and 1517 units sold in the Mainland (including purchases in Guangdong Province). The total sales volume reached 21223 units, with sales exceeding 55.18 billion Hong Kong dollars, equivalent to 7.95 million US dollars, and an operating profit margin of 13.22%.

It’s not that Fang Hexuan is short-sighted. With more than 13 vehicles sold in two months and a profit margin of more than %, he can’t ask for too much.

Finally, looking at the final statistics reported by the financial department of the group's head office, in 1982, the Alphabet Group's total revenue reached HK$178.87 billion and its operating profit was HK$20.63 billion.

Among them, the group's R&D investment was HK$24.6 billion, accounting for 13.75% of total revenue, among which BYD & BMW Joint R&D Center, Maple Leaf Computer, Kuka and Hengli Battery were the main R&D players.

When these data were distributed to its subsidiaries, many people were shocked by the group's huge investment in R&D. Some even suggested reducing R&D funding in the coming year to increase the group's overall profit margin.

But unfortunately, these stupid and noisy voices were not accepted at all by the big boss Fang Hexuan.

Since Alphabet Group is not a listed company, it is not obliged to disclose financial data to the public, but some senior executives in the company have disclosed it to the public. Of course, although this behavior is not recommended, it does not violate the confidentiality regulations of the group.

After all, Fang Hexuan would not send the truly core data to the subsidiaries.

Although the outside world had long estimated and predicted that Alphabet Group's total operating revenue in 1982 would increase significantly, people still gasped when they heard the specific figures.

Many financial professionals believe that if the data transmitted from within the group is correct, then based on the operating data disclosed by various Hong Kong companies, the Alphabet Group can easily squeeze into the top 10 operating revenue companies in Hong Kong.

Basically, it is in the first group with HSBC Group, Jardine Matheson, Swire Group, Li & Fung Group, etc.

Although it is not the company with the highest turnover, nor the company with the highest market value, Alphabet Group has only been established for three years.

If compared from a time dimension, the high growth rate and development prospects shown by the group company controlled by Fang Hexuan are extremely terrifying and scary.

Many financial newspapers in Hong Kong, such as Commercial Daily and Asian Wall Street Journal, have conducted professional and detailed analysis and estimates of Alphabet Group's financial data. They are very much looking forward to what kind of achievements the company will achieve next year.

As Hong Kong continues to move towards becoming an Asian financial center, a large number of investment banks, banks and securities companies have established branches or offices in Hong Kong.

The outstanding performance disclosed by Alphabet Group immediately attracted their attention.

As a result, many financial institutions called Fang Hexuan's assistant team to ask whether Alphabet Group needed financing.

Damn, these outrageous actions made Mr. Fang so angry that he laughed.

As the company achieved good results in 1982, the annual meetings of the group and its subsidiaries at the end of the year were also very successful.

After several years of rapid expansion, the entire Alphabet Group now has a total of more than 22000 employees. Even in later times, it would be a very large company.

Therefore, even if we want to gather everyone together for an annual meeting, we are powerless.

Although each organization held its own event like last year, the year-end bonuses and various prizes and benefits were even better than last year, allowing the employees who had experienced a whole year of economic crisis to feel the prosperity of the group and, of course, the generosity of the big boss.

Newspapers and television stations across Hong Kong report on the Alphabet Group’s annual meeting on a large scale at the end of the year, and it seems to have become a regular feature of the year.

Especially in the current economic depression, Mr. Fang's generosity and care for his employees have indeed attracted a group of jealous people.

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(End of this chapter)